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Insurance agencies in Hennepin County, MN

The insurance agencies in Hennepin County, MN, the household spending behind them and how the market ranks against other counties.

Groundwork market score · out of 100

Score 14 out of 100: Low

Ranked #2,194 of 2,272 scored counties
#59 of 66 scored counties in Minnesota

Listings
979
134 chain locations (14%)
Official establishments
729
−9.0% since 2019
Household spending a year
$757M
On vehicle insurance · $1,403 a household
Spending per listing
$773K
38% below the U.S.
Listings per 10k households
18.1
16% above the U.S.
Population, 2025
1,284,784
+0.2% since 2020

See the insurance agencies around any address in Hennepin County

The site report maps the insurance agencies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of Hennepin County. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

The Groundwork market score for insurance agencies in Hennepin County is 14 (low), #2,194 of 2,272 scored counties and #59 of 66 scored counties in Minnesota. That puts it in the bottom quarter of counties.

As of September 2026, map listings count 979 insurance agencies in Hennepin County. Of those, 134 are chain locations, or 14%, against 21% across the U.S. That comes to 18.1 for every 10,000 households, 16% above the U.S. rate of 15.6.

At $1,403 per household (28% below the U.S. average), households in Hennepin County spend about $757M a year on vehicle insurance. That works out to $773K per agency, 38% below the U.S. figure of $1.3M.

Official counts show 729 businesses with payroll classed as insurance agencies and brokerages in Hennepin County in 2023, down 9.0% from 2019. That is one for every 740 households, against one for every 966 across the U.S. Since fiscal 2022, 19 SBA-backed loans worth $8.6M have gone to businesses classed as insurance agencies and brokerages in Hennepin County. Between 2020 and 2025, the population of Hennepin County grew 0.2%, slower than the U.S. (+3.1%).

How Hennepin County compares

The same measures for Minnesota and the whole U.S. Spending per listing divides a year of household spending on all vehicle insurance by the insurance agencies counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Insurance agencies in Hennepin County, MN compared with Minnesota and the U.S.
MeasureHennepin CountyMinnesotaU.S.
Listings per 10k households18.117.315.6
Spending per listing$773K$951K$1.3M
Households per official establishment740737966
Official establishment growth, 2019–2023−9.0%−2.3%−1.0%
Population growth, 2020–2025+0.2%+2.1%+3.1%
Spending per household on vehicle insurance$1,403$1,649$1,957
Median household income$97,653$89,062$80,734
Groundwork market score1422

Official counts and lending

Businesses

Official establishments, 2019 to 2023
801 → 729−9.0% over the period
Employees, 2023
6,452
Annual payroll, 2023
$820M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
979134 chain locations
Listings at the U.S. rate for this spending
603The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
19
Amount
$8.6M

SBA-backed loans to businesses classed as insurance agencies and brokerages in Hennepin County, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in Hennepin County

Population, 2025 estimate
1,284,784+0.2% since 2020
Households
539,493
Median age
39.3
Homes lived in by their owners
63%
Vehicles per household
1.6
Land area
554 sq. mi.
People per square mile
2,291
Median household income
$97,653+24.9% vs. 2015–2019, before inflation
Average household income
$138,438
Median home value
$392,900
Jobs located here
969,903
Daytime population
1,598,583Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Hennepin County?

These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the insurance agencies on map listings by name and distance.

Or open the report at the center of Hennepin County. Signed out, you see a blurred preview; on an account, each report is one action.

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Insurance agencies across Minnesota

Every Minnesota market ranked →

The highest-scoring counties in Minnesota for insurance agencies, numbered among those based in Minnesota, with Hennepin County marked.

Top counties in Minnesota

Counties in Minnesota ranked for insurance agencies by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Cass County, MN7553.9$4.7M+4.2%#326 of 2,272
2Isanti County, MN701811.0$1.8M+7.3%#479 of 2,272
3Pine County, MN69129.7$2M+5.5%#504 of 2,272
4Kanabec County, MN65812.2$1.7M+3.6%#630 of 2,272
5Chisago County, MN62209.4$2.1M+4.3%#719 of 2,272
6Aitkin County, MN6168.3$2.1M+3.5%#748 of 2,272
7Sherburne County, MN593610.1$1.9M+6.8%#801 of 2,272
8Mille Lacs County, MN561312.2$1.6M+4.8%#917 of 2,272
9Dodge County, MN501012.4$1.6M+2.3%#1,107 of 2,272
10Wright County, MN488115.0$1.3M+11.1%#1,196 of 2,272
59Hennepin County, MN1497918.1$773K+0.2%#2,194 of 2,272

Other business types in Hennepin County

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many insurance agencies are in Hennepin County, MN?

Hennepin County has 979 insurance agencies on map listings as of September 2026. 134 of them (14%) are chain locations. The listings count insurance agencies. Official counts show 729 businesses with payroll classed as insurance agencies and brokerages in 2023, down 9.0% from 2019.

How much do households in Hennepin County, MN spend on vehicle insurance?

About $757M a year, or $1,403 per household. That is 28% below the U.S. average (an index of 72, where 100 is the U.S. average). Spread across the 979 insurance agencies on map listings, it comes to $773K per agency. It is estimated from the incomes of the 539,493 households in Hennepin County and national spending patterns by income.

How does Hennepin County, MN compare with the U.S. for insurance agencies?

Hennepin County has 18.1 insurance agencies per 10,000 households, 16% above the U.S. rate of 15.6. Spending per agency is $773K, 38% below the U.S. figure of $1.3M. At the national ratio of insurance agencies to household spending, Hennepin County would have about 603, against 979 on map listings. There is one business with payroll in the industry for every 740 households, against one for every 966 across the U.S. The official count fell 9.0% from 2019 to 2023, against −1.0% for the U.S.

How fast is Hennepin County, MN growing?

Population estimates put Hennepin County at 1,284,784 people in 2025, up 0.2% since 2020, slower than the U.S. (+3.1%). It has 539,493 households. The median household income in Hennepin County is $97,653 a year, 21% above the U.S. median of $80,734. That rose 24.9% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. Hennepin County scores 14 for insurance agencies (low), #2,194 of 2,272 scored counties.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Hennepin County. It maps the insurance agencies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for insurance agencies · All 56 business types in Hennepin County

Screening a site or an acquisition in Hennepin County?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of Hennepin County. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.